When do you pay tax...?

[crescendo]

When do you pay full tax?

I hear you say ........ 'When you start working full time'.

But how many hours a week is full time exactly???

[Olive]

Originally posted by crescendo
When do you pay full tax?

I hear you say ........ 'When you start working full time'.

But how many hours a week is full time exactly???

when you earn over a certain amount. there are different tax brackets.

more info (http://www.1stcontact.co.uk/live/index.php?Item_ID=294&Category_ID=23&Session_ID=94d0fbeaa14a1861de2755932ee00d72)

that should work. otherwise just google 'tax brackets'.

[SuzyCreamcheese]

Originally posted by crescendo
When do you pay full tax?

I hear you say ........ 'When you start working full time'.

But how many hours a week is full time exactly???
Full time hours is 35 hours a week, but you pay tax on most work. I work part time (20hrs) and I pay tax.
basically, the more you earn, the more tax you pay up to a maximum of 40% of your earnings (I think) If you are a high earner.

[Kurt]

Originally posted by rainbow brite
Full time hours is 35 hours a week, but you pay tax on most work. I work part time (20hrs) and I pay tax.
basically, the more you earn, the more tax you pay up to a maximum of 40% of your earnings (I think) If you are a high earner.

I haven't even had a wage yet and I already hate Tax! From the amount they take from such a huge number of people this country should be a utopia! Spotless streets, top notch free healthcare, etc

[Joolyknockers]

The weekly tax and national insurance threshold is about 80 quid a week. Anything over that and you will pay tax, unless you haven't worked before, or earned very much since 6th April. Your allowances roll over from week to week, so it could be a while until you notice any tax or national insurance being taken out your wages

[dantheman]

also you don't pay tax on the first £3k or so that you earn.

[Susie]

income tax factsheet (http://www.thesite.org/youthnet/jsp/polopoly.jsp?d=141&a=400)

[Sera]

How old do you have to be to start paying tax?

[Char_Baby]

Originally posted by lil_kazzy
How old do you have to be to start paying tax?

16 i s'pose

when you get a proper job and your wages go through the books

[Joolyknockers]

Everyone is liable to tax from the day they are born, if a 10yr old had interest from savings that exceeded the 4,615 personal allowance, then they would be liable to tax too. It's just a question of when and if you exceed your personal allowance.